Publication detail

Quarterly national accounts, 1st quarter 2008

In real terms, GDP in the 1st quarter of 2008 grew by 1.1% from the same quarter of the previous year. During the period there was an increase in household final consumption by 5.2% and government final consumption by 3.3% while fixed capital formation decreased by 5.3%. Hence total domestic expenditure increased by 1.2% in real terms. Exports rose by 0.2% and imports grew by 0.4% in the 1st quarter of 2008 compared with the same quarter of 2007.